Business Services Industry
Gurus of a new world.
Australasian Business Intelligence, September, 2001
Sep 6, 2001 (BRW
ABIX via COMTEX) -- Industry in Australia has been exposed to global forces for decades. There is a dominance of oligopolies in the Australian industry and this is seen to inhibit the adaptation of industry to globalisation. An associate professor of strategic and international management at the London Business School, Julian Birkinshaw, does not believe that the high level of overseas investment in Australia is a concern. Birkinshaw makes a comparison with the predominantly overseas-owned merchant banking sector in the UK, which is considered a positive and attractive sector. Globalisation tends to make ownership less of an issue. The visiting professor of the Sun Hung Kai School of Business at the University of Hong Kong, Michael Enright,...
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